SOLUSDT Momentum Trade.
Updated
Solana is one of my favourite altcoins. It's holding up well during this broader market sell-off. Weekly momentum is strong. Daily momentum is building, slight caution as this is choppy on the weekly.
I will trade this with low leverage but without stops as I believe a big wick is possible. Alarms set to manually cut if sustained negative momentum continues after entry.
Alternatively, wait for momentum to break above 163.80 on the daily and trade 4hr momentum shorter term. Remember, keep it simple!
I will trade this with low leverage but without stops as I believe a big wick is possible. Alarms set to manually cut if sustained negative momentum continues after entry.
Alternatively, wait for momentum to break above 163.80 on the daily and trade 4hr momentum shorter term. Remember, keep it simple!
Trade closed: target reached
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